Invention Grant
- Patent Title: Point-of-sale location check for payment card purchases
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Application No.: US14289229Application Date: 2014-05-28
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Publication No.: US10032151B2Publication Date: 2018-07-24
- Inventor: Priscilla Lau , Lalit R. Kotecha , Kumar Sanjeev , Mingxing S. Li
- Applicant: Verizon Patent and Licensing Inc.
- Applicant Address: US NJ Basking Ridge
- Assignee: Verizon Patent and Licensing Inc.
- Current Assignee: Verizon Patent and Licensing Inc.
- Current Assignee Address: US NJ Basking Ridge
- Main IPC: G07B17/00
- IPC: G07B17/00 ; G06Q20/20 ; G06Q20/32 ; G06Q20/40

Abstract:
Credit card fraud prevention techniques are disclosed in which the authorization of a payment card may be performed using information obtained from a mobile device (e.g., a smart phone) associated with a user who initiates a point-of-sale payment card transaction. In one implementation, a device may receive a request for authorization of a payment associated with a payment card; and obtain location information relating to a location of a mobile device associated with a user of the payment card. The device may determine, based at least on a location of the point-of-sale terminal and the location of the mobile device, whether to authorize the request for authorization of the payment.
Public/Granted literature
- US20150347999A1 POINT-OF-SALE LOCATION CHECK FOR PAYMENT CARD PURCHASES Public/Granted day:2015-12-03
Information query